Industry

Bangla Textile Capacity Not Enough To Meet China Plus Orders

Textile Insights September 14, 2023

Bangladesh is the second biggest global garment exporter and shipped apparels totaling US $46.99 billion in previous fiscal and utilised its overall production capacity in doing so. But does it have spare capacity to handle orders diverted from China, under China Plus policy and the US ban on

Export

Bangladesh Close To Becoming Biggest Cotton Apparel Exporter

Textile Insights August 16, 2023

Bangladesh is close to surpassing China as the world’s largest cotton apparel exporter amid stronger demand prospects, which are expected to drive cotton consumption higher. This was informed in the latest United States Department of Agriculture (USDA) report, which also forecast Bangladesh cotton consumption to grow by 800,000 bales to 8.0 million bales in 2023-24. […]

Apparel, Fashion, Retail

Bangladesh Now Has 200 LEED Certified Garment Units

Textile Insights August 11, 2023

The Bangladesh garment industry reached the milestone of having 200 LEED (Leadership in Energy and Environmental Design) certified green factories. The LEED certification given by the US Green Building Council (USGBC) is internationally recognised as a symbol of excellence in sustainable building practices. In 2022, a total of 30 garment factories received LEED

Industry

Bangla Skills Training & Smart Textiles Gets $300mn Boost

Textile Insights August 4, 2023

The Asian Development Bank (ADB) has approved a $300 million loan to strengthen the skills base and training programs for Bangladesh’s workforce. The program will build the institutional capacity of training institutions to deliver advanced skills training with technology applications, such as smart textile technologies and green technologies. “The economy of Bangladesh